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Andy Picton looks at the latest impact of the coronavirus lockdown on the LCV market.
This week, the Van’s Headlights analyses the LCV market in detail, investigating vehicles in demand and the volumes sold in May.
With the coronavirus lockdown continuing to affect the new light commercial vehicle market, registrations fell heavily again in May.
With the whole of the UK in coronavirus lockdown during April, it was no surprise to see new registrations decline dramatically.
In the key plate-change month of March, the UK new light commercial vehicle (LCV) market fell 54.3%.
Chief Commercial Vehicle Editor, Andy Picton, looks at the likely impact of the coronavirus (COVID-19) pandemic on the LCV market
Enjoying a positive start to the year, January’s new LCV market was up 5.9% on the same point in January 2019.
December’s new LCV market returned to growth following three months of decline growing 7.8% with only the pickup sector failing to grow.
The 26,238 Light Commercial Vehicles (LCV) registered in November represented the third consecutive monthly decline, down 9.6% versus November 2018.
Light Commercial Vehicle (LCV) registrations fell for the second month running, with total registrations falling 11.0% versus October 2018.
September registration totals marked the first decline of 2019 for new Light Commercial Vehicles (LCVs), with total registrations falling 23.5% versus September 2018.
August returned the eighth consecutive month of growth for new Light Commercial Vehicles (LCVs) as registrations rose 41% versus August 2018.
July returned the seventh consecutive month of growth for new Light Commercial Vehicles as registrations rose by 10.95% versus July 2018
June returned the sixth consecutive month of growth for new Light Commercial Vehicles as registrations rose by 13.5% versus June 2018
Demand for new LCVs increased by 5.4% in May versus May 2018.
Demand for new LCVs increased by 4.7% in April
In the busiest sales month for LCVs, demand for the new 19 plate generated 66,123 registrations, a 10.6% increase versus 2018.
Last month, van sales steadied with 14,384 units registered.
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Sales of new light commercial vehicles increased for the first time since May as 16,394 new vans and pickups hit UK roads for the first time during August.
Sales of new light commercial vehicles declined -5.9% in July as 23,309 new vans and pickups were registered for the first time.
Sales of new light commercial vehicles fell -5.8% in May as 35,182 new light commercial vehicles were registered.
Sales of new light commercial vehicles rose by 2.4% in May as 27,639 new light commercial vehicles hit British roads.
Sales of new light commercial vehicles grew in April as the market continued its topsy-turvy start to 2018.
Over the years, the new plate launch in March proves to be a fantastic month with registration really taking off.
Positive spin from manufacturers is at loggerheads with reluctance of operators to be convinced by electric light commercial vehicles.